Investment Minister Ashraf Salman received here Sunday Sebastian Kahlfeld, a senior fund manager at DWS Investments, Deutsche Bank's investment arm, along with his accompanying delegation.
The meeting, attended by a host of officials from the Investment Ministry and the General Authority for Investments and Free Zones, took up ways of boosting bilateral cooperation.
The minister underlined the importance of cooperation with the European Union (EU) countries and the importance of making use of international experiences, especially in the field of luring investments.
He further said that the government will depend on the private sector within the upcoming phase in order to implement its economic growth plans.
Meanwhile, the German's bank representative said that the Bank has allocated a grant worth 150 million dollars to the African continent, including 35 million dollars for Egypt.
Germany is keen on taking part in the establishment of new and renewable energy projects and roads along with the New Suez Canal project, he added.